US Change in Durable Goods New Orders:

US Change in Durable Goods New Orders is at a current level of -3.68%, down from 2.66% last month. This represents a monthly annualized growth rate of -2.86K%, compared to a long term average annualized growth rate of 10.74K%.

About Durable Goods Orders

By definition, durable goods are products that have three year minimum life expectancy. A large volume of durable goods orders often forecasts increased economic activity. The statistic has four primary components: new orders, unfilled orders, and total inventories.Read full definition